{"id":42565,"date":"2014-06-13T10:18:56","date_gmt":"2014-06-13T16:18:56","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/2014\/06\/13\/because-why-do-students-need-help-with-loans.html"},"modified":"2014-06-13T15:17:01","modified_gmt":"2014-06-13T21:17:01","slug":"because-why-do-students-need-help-with-loans","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2014\/06\/13\/because-why-do-students-need-help-with-loans.html","title":{"rendered":"Because why do students need help with loans?"},"content":{"rendered":"<div class=\"gpb-content\">I mean, if they&#39;re from really rich families, that is.<\/p>\n<p>Refinancing a loan is one of those no-brainers that every financial analyst (even the ones on Fox) will tell you to do if the numbers are right. Unfortunately, for federally secured student loans, students can&#39;t refi unless the laws get changed.<\/p>\n<p>And since such refinancing would actually cost the US Treasury (the US Government would be paid back less), supporters of the loan reform bill had to find out a way fund it &#8212; because, you know, the GOP insists on balancing all spending increases from somewhere else, but conveniently ignores funding tax cuts because they claim they help the economy; it seems to me that cutting someone&#39;s loan rate would serve the same as a tax cut, but, hey, it&#39;s the GOP.<\/p>\n<p>And, of course, they rejected it anyway, because it was the Buffett Rule to require a minimum income tax rate for the super-wealthy. Who, after all, need that money to pay for their kids&#39; student loans.<\/p>\n<p><strong>Reshared post from +<a href='https:\/\/plus.google.com\/103748887870095862080'>Les Jenkins<\/a><\/strong><\/p>\n<blockquote><p>Just remember when it comes time to vote: Republicans care more about rich people than they do the average American trying to go to college without taking on crushing debt in the process.\ufeff<\/p><\/blockquote>\n<\/div>\n<p class='gpb-article' style='clear:both;'>\n<div style='overflow:hidden;margin-top:0px;padding-top:0px;margin-right:10px;vertical-align:top;text-align:center;clear:both;'>\n                                                    <img style='max-width:none;' src='https:\/\/lh6.googleusercontent.com\/proxy\/0sb-TPCX2f_t8pvT3Q3x5bIEZcJMe4h5ue1urwRvpeWq59JEbPPG09_bnDvM9cJCuAY5itUuWBZU4glXwdg-viV-HYar6KBvRpiRXCIy=w120-h120' border='0' \/>\n                                                <\/div>\n<p>                                                <a href='http:\/\/www.alan.com\/2014\/06\/12\/senate-gop-kills-student-loan-reform\/'>Senate GOP Kills Student Loan Reform<\/a><br \/>\n                                                Earlier this week, President Obama took a series of steps to ease the burden of student debt.\u00a0 But the most important step, allowing students to refinance their debts, requires Congressional action&#8230;\n                                            <\/p>\n<p class='gpb-links' style='clear:both;'> <a class='gpb-linkback' href='https:\/\/plus.google.com\/101083456815352083930\/posts\/6nqRcJvxdpe' target='_new'>View this post on Google+<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I mean, if they&#39;re from really rich families, that is. Refinancing a loan is one of those no-brainers that every financial analyst (even the ones on Fox) will tell you to do if the numbers are right. Unfortunately, for federally secured student loans, students can&#39;t refi unless the laws get changed. And since such refinancing &hellip; <a href=\"https:\/\/hill-kleerup.org\/blog\/2014\/06\/13\/because-why-do-students-need-help-with-loans.html\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Because why do students need help with loans?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106,46,376],"tags":[586],"class_list":["post-42565","post","type-post","status-publish","format-standard","hentry","category-plusposts","category-school-daze","category-taxing-spending","tag-pluspost"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":130930,"url":"https:\/\/hill-kleerup.org\/blog\/2016\/06\/21\/not-sure-this-is-the-student-loan-solution-we-need.html","url_meta":{"origin":42565,"position":0},"title":"Not sure this is the student loan solution we need","author":"***Dave","date":"Tue 21-Jun-16 7:15am","format":false,"excerpt":"The idea of employers providing assistance in paying off student loans -- and having that assistance be tax deductible for the company -- sounds cool at first glance, and there's a vague logic about it (the employer is getting the benefit of the education through an educated worker, so why\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18746,"url":"https:\/\/hill-kleerup.org\/blog\/2010\/09\/29\/18746.html","url_meta":{"origin":42565,"position":1},"title":"Christine O&#8217;Donnell: Liar or Dolt, You Decide","author":"***Dave","date":"Wed 29-Sep-10 7:12pm","format":false,"excerpt":"Not that Christine O'Donnell needs any more publicity, or that there is any value in actually trying to dissect and discredit the things that spew from her mouth, but ... Well, I just can't help my self. Scryyde, the Muse of Rantful Blogging, is poking me with her pitchfork again.\u2026","rel":"","context":"In &quot;Elections 2010&quot;","block_context":{"text":"Elections 2010","link":"https:\/\/hill-kleerup.org\/blog\/category\/politics-law\/elections-2010"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2010\/09\/Christine-ODonnell.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":23418,"url":"https:\/\/hill-kleerup.org\/blog\/2011\/11\/03\/responsibility-vs-opportunity.html","url_meta":{"origin":42565,"position":2},"title":"Responsibility vs Opportunity","author":"***Dave","date":"Thu 3-Nov-11 9:38pm","format":false,"excerpt":"An interesting article looking at differences between conservatives and liberals in the area of causes of wealth and poverty. In short, conservatives tend to blame (or reward) personal choices as the cause of success or failure in society -- the poor are poor because they are lazy and make bad\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32800,"url":"https:\/\/hill-kleerup.org\/blog\/2013\/03\/08\/your-tax-dollars-at-work.html","url_meta":{"origin":42565,"position":3},"title":"Your tax dollars at work","author":"***Dave","date":"Fri 8-Mar-13 8:25am","format":false,"excerpt":"I certainly feel for those congregations whose churches were damaged or destroyed by Super-Storm Sandy. \u00a0Whether the building was an historic monument or a new construction, it's traumatizing for a someone's worship center to be injured in such a way. \u00a0But I don't want my tax dollars going to as\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15045,"url":"https:\/\/hill-kleerup.org\/blog\/2009\/06\/17\/bank-accounting-for-taste.html","url_meta":{"origin":42565,"position":4},"title":"Bank Accounting for Taste","author":"***Dave","date":"Wed 17-Jun-09 9:43pm","format":false,"excerpt":"So we finally, via Margie's taking action, we've started the process of moving our banking from WaMu (slowly, clumsily, turning into Chase) to a local credit union.\u00a0 Bellco was founded as a credit union in 1936 for the Mountain States Telephone and Telegraph Co. When Ma Bell got broken up\u2026","rel":"","context":"In &quot;Big Business&quot;","block_context":{"text":"Big Business","link":"https:\/\/hill-kleerup.org\/blog\/category\/big-business"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137711,"url":"https:\/\/hill-kleerup.org\/blog\/2019\/01\/24\/let-them-eat-short-term-loans.html","url_meta":{"origin":42565,"position":5},"title":"Let them eat short-term loans!","author":"***Dave","date":"Thu 24-Jan-19 6:58pm","format":false,"excerpt":"You know, there's \"tone deaf\" and there's \"I HEAR LOUD MUSIC IN MY HEAD SO STOP COMPLAINING BECAUSE IT IS BEAUTIFUL AND LOUD AND IF YOU WERE RICH LIKE ME YOU WOULD HEAR IT, TOO, LA-LA-LA!\"As Donald's Commerce Secretary, Wilbur Ross, puts it when told that furloughed federal workers are\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/42565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=42565"}],"version-history":[{"count":1,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/42565\/revisions"}],"predecessor-version":[{"id":42571,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/42565\/revisions\/42571"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=42565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=42565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=42565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}